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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat 5, 8, Lower Borough Walls, Bath appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 862 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, 8, Lower Borough Walls, Bath is £321,352 and its rental estimate is £1,555 per month, given the available information and assuming reasonable condition.
8, Lower Borough Walls is a residential building on Lower Borough Walls, Bath, BA1 and falls within the BA1 postal district.
Flat 5, 8, Lower Borough Walls, Bath has a single entry in the Land Registry from June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 5, 8, Lower Borough Walls, Bath, we estimate a market value of £337,419 and a rental value of £1,633 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £298,857 and £1,446 per month respectively.
Over the last year, Flat 5, 8, Lower Borough Walls, Bath has seen its estimated sale value drop by £7,936 (2.5%) and its estimated rental value rise by £80 per month (5.1%). This results in an estimated gross rental yield of 5.8%.
The most recent sale of Flat 5, 8, Lower Borough Walls, Bath completed on 16th June 2021 at £435,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 3.4% over the period since June 2021.
Over the past 2 years 3 properties similar to Flat 5, 8, Lower Borough Walls, Bath have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd February 2024, was 26 The Empire, Grand Parade, Bath, BA2 4DF, a leasehold flat which sold for £250,000.
Read more about house prices in BA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 21 addresses on Lower Borough Walls, Bath, BA1, Flat 5, 8, Lower Borough Walls, Bath comes out as the 5th largest and the 6th most expensive in our analysis of the public data.
It is also £199k less expensive than the average property across the BA1 district.
From Flat 5, 8, Lower Borough Walls, Bath, the nearest station is Bath Spa, 300 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 8, Lower Borough Walls, Bath, 54.5% of property is privately rented and 26.9% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 5, 8, Lower Borough Walls, Bath, 28.5% of residents are recorded as possessing school level qualifications and 49.8% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 5, 8, Lower Borough Walls, Bath, the average age was 40.8 and the most common age was 22.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 5, 8, Lower Borough Walls, Bath, 0.8% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 5, 8, Lower Borough Walls, Bath, there are an average of 0.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
